ECB’s Nowotny: Bond yield steepening is not bad - BBG

Speaking at an event in Vienna on Monday, ECB governing council member Ewald Nowotny commented on the Italian banking crisis and rising bond yields.

Key Headlines via Bloomberg:

Bond yield steepening is not bad

Italy has structural, not only banking, problems

USD/CHF turns lower, upside remains capped at 1.0200 level

Having once again failing to decisively move above 1.0200 handle, the USD/CHF pair ran through fresh offers on Monday and has drifted into negative te
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GBP/USD offered above 1.26, hits fresh lows near 1.2570

The GBP/USD pair ran through fresh offers above 1.26 handle over the last hours, now dropping to fresh session lows of 1.2571, down -0.14% on the day.
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